The man of the Academy Awards controversy, Will Smith is one of the richest celebrities of Hollywood. Will Smith is an actor, rapper and film producer, who has been one of the world’s most well-known and popular figures for decades. Will Smith’s net worth is $350 million as of this writing. Smith makes at least $40 million a year from his line of ventures. So much so that he makes even $80 million in some years. Will Smith earned $45 million between June 2019 and June 2020 from his many pursuits, largely film earnings. Apart from his full pocket, he is also very popular for Will Smith meme content throughout the social media platforms.
Will Smith made $20 – $30 million for each of his films during the peak of his career in the 2000s. Smith is said to have made $20 million for the Netflix film “Bright” in 2017 and $35 million for its sequel. Will Smith is also a social media sensation. Will has almost 45 million Instagram followers, 8 million YouTube subscribers, and 30 million TikTok followers as of this writing.
Will Smith Early Life
Will Smith is the son of a school administrator and a refrigerator engineer. Will was born and reared in West Philadelphia. Jeffrey Allen Townes, a prominent local DJ who became known as DJ Jazzy Jeff happens to be Will Smith’s childhood buddy. They met by coincidence when Jeff needed a hype guy for a performance down the street. Smith leaped at the opportunity and the two hit it off right away. DJ Jazzy Jeff & The Fresh Prince was the name of the group they finally formed.
They caught Russell Simmons’ year at Def Jam Records in 1986 they signed a deal together. In 1987, they published their debut album, “Rock the House.” Rock the House was certified gold. In 1988 they published another album named “He’s the DJ, I’m the Rapper.” It was a huge success, selling over three million copies.
Will won the inaugural Grammy for the newly established Rap category in 1988.
Will Smith Net Worth: $350 million
Will Smith Age: 53 years
Will Smith Height: 1.88 m
Will Smith Wife: Jada Pinkett Smith (m. 1997), Sheree Zampino (m. 1992–1995)
Will Smith Kids: Jaden Smith, Willow Smith, Trey Smith
Will Smith Oscars: Winner 2022 Best Performance by an Actor in a Leading Role
King Richard (2021), Nominated for 2022 Best Motion Picture of the Year
King Richard (2021), Nominated for 2007 Best Performance by an Actor in a Leading Role
The Pursuit of Happyness (2006), Nominated for 2002 Best Actor in a Leading Role
Ali (2001)
Will Smith Movies:
- Where the Day Takes You (1992)
- Made in America (1993)
- Six Degrees of Separation (1993)
- Bad Boys (1995)
- Independence Day (1996)
- Men in Black (1997)
- Enemy of the State (1998)
- Welcome to Hollywood (1998)
- Torrance Rises (1999)
- Wild Wild West (1999)
- The Legend of Bagger Vance (2000)
- Ali (2001)
- Men in Black II (2002)
- Bad Boys II (2003)
- A Closer Walk (2003)
- Jersey Girl (2004)
- I, Robot (2004)
- The Seat Filler (2004)
- Shark Tale (2004)
- There’s a God on the Mic (2005)
- Hitch (I) (2005)
- The Pursuit of Happyness (2006)
- I Am Legend (2007)
- Hancock (2008)
- Seven Pounds (2008)
Will Smith IRS Problems
Will Smith’s musical career brought him whooping $10 million between 1988 and 1990. Will proceeded to spend his money like it was going out of style, assuming that the good days would go forever. He bought mansions, vehicles, jewelry, and a lot of other things recklessly. Will not only pampered himself, but also his friends and family. Unfortunately, radio listeners were growing bored of Will and Jazzy Jeff about the time he won the Grammy. Their “radio-friendly” tunes began to get mocked as “rap sell-outs” all of a sudden.
Will Smith and taxes have were in the news for a long time when he revealed that he didn’t pay any throughout the boom. Will was notified at the age of 21 that he had failed to pay $2.8 million in taxes during his fat years. After adjusted for inflation, the cash reaches about $6 million in debt.
Quincy Jones, a super-producer, approached Will about starring in a tv show around this time. Will was first adamantly opposed to the concept of appearing in a sitcom. He was frightened of appearing even more of a sellout as a result of this. On the good side, the job came with a substantial salary.
The compensation would increase if the show was renewed for another season. Will signed up to star in the newly named “The Fresh Prince of Bel Air” with the IRS’s not-so-subtle urging. Will’s paycheck was also withheld for 70 percent of his salary until his debt was totally paid off, according to the IRS.
Will Smith Film Star
Will Smith was paid $500,000 to act in “Six Degrees of Separation” in 1993, while still riding high on the success of his successful sitcom.
In 1995, Will received $2 million for co-starring in the blockbuster action comedy “Bad Boys.”
List Of Will Smith’s Movies With The Salary That He Earned
Independence Day: $5 million
Bad Boys: $2 million
Men In Black: $5 million
Wild Wild West: $7 million
Enemy of the State: $14 million
The Legend of Bagger Vance: $10 million
Ali: $20 million
Bad Boys 2: $20 million + 20% of gross
I, Robot: $28 million
Men In Black 2: $20 million plus 10% of gross
Shark Tale: $15 million
Pursuit of Happyness: $10 million + 20% of gross
Hitch: $20 million
I Am Legend: $25 million
Hancock: $20 million + 20% of gross
Bright 2: $35 million
King Richard: $60 million
Bright: $20 million
Will Smith Music Career
Smith never stopped making music, and he made four solo albums, two of which went platinum. Smith enjoyed a string of successful hits, including “Men in Black” and “Gettin’ Jiggy Wit It,” which earned him two Grammy Awards for Best Rap Solo Performance in a row.
Will Smith Personal Life
Will Smith and Wife, Jada Pinkett have two children. Will Smith’s kids, Jaden Smith and Willow Smith, both work in the entertainment sector. With his first wife, Sheree Ampino, he had a son named Trey.
Will Smith Net Worth
Will Smith’s net worth is $350 million. He is one of the highest-paid actors in the last two decades, with movie compensation alone totalling hundreds of millions of dollars. Will and his wife Jada have a sizable real estate portfolio, with properties all over the country.
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